Fitch expects Egypt’s foreign reserves to reach $52.6 billion by June 2026 Fitch Ratings has stated that Egypt’s foreign currency reserves are... Businessmen Team 07 Dec 2025 The Cabinet Media Center reported on Sunday that net international reserves increased by $2.9 billi...
CIB Concludes 2025 Summer Training Program The Commercial International Bank (CIB) concluded its 2025 annual summer... Businessmen Team 07 Dec 2025 This year’s program saw participation from over 12,000 university students from across Egypt, reaff...
El-Sherbiny inspects major projects in New Alamein Engineer Sherif El-Sherbiny, Minister of Housing, Utilities, and Urban Communities,... Businessmen Team 07 Dec 2025 The Minister visited the site of the presidential initiative “Housing for All Egyptians” in New Ala...
PM unveils measures to boost investments in key sectors Prime Minister Dr. Moustafa Madbouly held a meeting today to... Businessmen Team 07 Dec 2025 The meeting was attended by Dr. Khaled Abdel Ghaffar, Deputy Prime Minister for Human Development a...
Egypt’s FRA mandates government insurance funds to invest in listed equities The Financial Regulatory Authority (FRA), headed by Dr. Mohamed Farid,... Businessmen Team 07 Dec 2025 The decision states that each fund must invest between 5 percent and 20 percent of its total assets...
Egypt, U.S. Blumberg Grain discuss food security partnership, regional hub Minister of Investment and Foreign Trade Engineer Hassan El-Khatib met... Businessmen Team 07 Dec 2025 The talks, held at the New Administrative Capital, also covered Blumberg Grain’s plans to establish...
Egypt launches New Cash Incentive for industrial investment Hossam Heiba, CEO of the General Authority for Investment and... Businessmen Team 07 Dec 2025 Law No. 160 of 2023 amended the Investment Law by adding Article 11 bis, which grants industrial in...
Kouchouk: Raising state revenue key to improving citizens' lives Finance Minister, Ahmed Kouchouk, stated on Sunday that the government's... Businessmen Team 07 Dec 2025 Speaking to students at Nile University, Kouchouk emphasized the need for greater revenue generatio...
Fitch predicts strong pound performance against dollar in 2026 Fitch Ratings released a strong outlook for Egypt's external sector... Businessmen Team 07 Dec 2025 Fitch noted a significant increase in portfolio investments since last August, driven by attractive...
IMF notes major progress in investment, trade matters Minister of Investment and Foreign Trade, Engineer Hassan El-Khatib, received... Businessmen Team 06 Dec 2025 The meeting focused on discussing key economic developments and ongoing fiscal, institutional, and...
Fitch boosts Egypt’s economic growth forecast Fitch Ratings has revised its growth forecast for the Egyptian... Businessmen Team 05 Dec 2025 The agency raised its forecast to 4.9% in October. It has now increased it to 5.2% in November....
Egypt, Japan deepen strategic cooperation Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International... Businessmen Team 05 Dec 2025 Dr. Al-Mashat congratulated Mitsui on her appointment as Senior Vice President of JICA in October 2...
